Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-05-26
OMAHA AND YANkT0R.
The Proposition Of u. il.
Young and his ASCOT
ates Accepted.
Detailed Proceedings of The Railroad
Meeting Tuesday Evening
at Omaha.

The following account OF Tuesday
nights meeting at Omaha in behalf oil
the Omaha ankton railroad gives the
particulars OF thas affair. 1t is from the
Bee of the 25th:
President Max Meyer, of the board oil
trade, called the meeting to order at S:3l
O'clock. The report OF the committee
appointed on Monday evening to confer
With railroads and parties who had prop,
e~sitions to make regarding the constrnc-
I ton of a railroad from Omaha to Yank-
ton was called for and in response MI. X
o. Patterson, the secretary, made a yer.
bal report. The committee had received
no propositions from railroad companies
Hon. John A. McShane had appeared on
behalf of the Milwaukee company and
had asked the -postponement of action on
this matter until the question of Goa.
struction OF q bridge across the Missouri
river at this point by that company had
been determined by q decision from the
secretary of war. If the secretary OF
war should decide in favor of the Mil
waukee company, it would of once com-
mence the construction of a bridge to
cost $500, 600, and $50 miles of railroad
in northern Nebraska. The committee
was advised that j.. E. Young, of Obi.
cago, aud asyndicate of capitalists had
o proposition to present to the meeting,
The report was received and the So b.
lect declared open for the discussion
The first speaker was Judge Campbell
OF Yankton. He dilated upon the rich
ness and wonderful possibilities of dele
lopment of the county lying between his
city u Omaha, which a direct line
would open. He declared that an area
two hundred miles square in Nebraska
and Dakota would contribute to the
Business OF suoh q road ana send over il
more hogs, and cattle, and corn, and
wheat than are now sent to Omaha
by all other roads. Omaha should
be The gateway north and south as we'll
as the gateway east and west. Its peo-
pie ought not to rest content with being
only the eastern terminus OF roads run
nIng TO the west. He said that the time
is coming when the north and south
travel along the Missouri river will be
more important to the trade eenters
than the east and west travel can be.
With such q system navigation may
play no unimportant part and Omaha
may become the distributing point
of all the products of Mexico
and OF the north. 1t must
not be forgotten by the people
OF Omaha that the country north of
them is growing rapidly-and with won
dertul rapidity--in richness. Che time
was when the belt in which Sioux City
and Yankton can be found was thought
to be too far north for corn. To-day no
liner corn grows anywhere thar there.
Ihe increase IN hogs and all produce ia
wonderful. Farmers who came there
poor Anew years ago are now not only
comfortable, but have their bank ac-
counts. For wheat the Jim river vale
Is uneScelled. By building o railroad
to that country you will obtain access
direct to an ssea three hundred by four
hundred miles in extent. BY the con-
struction of such a railroad Omaha may
become the exchange center of the grain
and hogs of the north and the products
OF Mexico. It is o well known fact that
north and south roads are always less
blocked by snow than roads east and
west. He then submitted the following
proposition which had been handed to
him:
To the gentleman representing the in,
~terests of Omaha in Nebraska, and Yank-
ton in Dakota, and the country between
said places:
We, j. p. Young and associates, here
by propose to construct q line of railroad,
and complete the same ready for opera
tlon within eighteen months from the
time aid is voted therefore,providing the
people including snd between said
Omaha and Ysnkton shall contribute by
subsidy the sum OF $500. 600 towards the
construction of said railroad. The said
$5O0,O00 thus voted and contributed by
the people aforesaid to be exclusive Of
any private donation by any persons or
corporation which may be contributed
toward the construction of said railroad
j. u. YOUNG AND ASSOCIATES.
Dated at Omaha, Neb., May "a, 1887.
Mr.. Her asked of Mr.. Campbell
whether the construction OF such O road
took with 1t the construction of shops in
Omaha. To that Judge Campbell re-
Piled that such seemed to be the newt
able effect of the construction OF such q
road, and while he was unable, person
ally, to assure the q%nestioner of such a
condition, he was satisfied there we're
gentleman here who could do it.
Mr. ID. i. CLARK said that he knew OF
Mr.. Young as the gentleman who is in
charge OF the construction of the Omaha
Southern. He regarded him as reliable.
The Omaha Southern, as was known,
was now bnsily engaged in being sur
yeyed and built In Kansas. Behind the
gentlemen named are a large syndicate
OF heavy capitalists who believe in the
feasibility OF q road from Mexico to the
north, and who already have organized a
company for it's construction as far as
Omaha.
Mr.. B. r. Smith stated that the syn
dioate with whom Mr. Young is asso-
ciated is s very rich syndicate, being
connected With. the Georgia Southern
and Duluth and Lake Shore roads. If
they have placed themselves behind this
project they mean business and are
perfectly able TO build @ railroad. Yet
there was another corporation ready
submit q proposition, the
Milwaukee and st. Paul; and il they
ere successful in obtaining o favorable
decision from the secretary of war there
is no doubt but that they will construct
a bridge across the river here and build
q railroad 80 the north and northwest,
not only touching YRnktop, but going
farther north and northwest. The road
ought to be built this year and it ought
not to be delayed. Yet he was favor
able to waiting o few days and give the
Milwaukee a chance to make o prop
osition. He knew that the company
was surveying various northern routes.
II they should not be granted o favor
able decision by the secretary of war
they certainly would build a bridge
across the river, but in eli Likelihood at
some other point than Omaha.
MIR. Clark asked Of Mr., Smith: ais it
probable that the Milwsukee would
have anyobj sot in building to Yankton